The exemption that they applied to the TSX for may have forced these terms. Maybe approval of the exemption was conditional on this type of deal to be extended to RMB in order to get RMB's approval of the deal. I wouldn't be surprised if RMB played that card in order to get this deal.
Oh well, as long as the financing goes through.
JFF7
It's better to be out wishing you were in than in wishing you were out.
"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes
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